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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants | $ 0.1 | 06/29/2009 | A | 1,000,000 | 06/29/2009 | 06/28/2014 | Common Stock | 1,000,000 | $ 0 | 1,000,000 | D (1) (2) | ||||
Non-Employee Director Option (Right to Buy) | $ 0.1 | 06/29/2009 | A | 100,000 | 06/29/2009 | 06/28/2019 | Common Stock | 100,000 | $ 0 | 100,000 | D (3) | ||||
Non-Employee Director Option (Right to Buy) | $ 0.1 | 06/29/2009 | A | 100,000 | 06/29/2009 | 06/28/2019 | Common Stock | 100,000 | $ 0 | 100,000 | D (4) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KOSKI CHRISTINE L 1500 WEST UNIVERSITY PARKWAY SARASOTA, FL 34232 |
X | X | ||
KOSKI BEVERLY 1500 WEST UNIVERSITY PARKWAY SARASOTA, FL 34232 |
X | |||
KOSKI FAMILY LP 1500 WEST UNIVERSITY PARKWAY SARASOTA, FL 34232 |
X | |||
KOSKI ROBERT C 1500 WEST UNIVERSITY PARKWAY SARASOTA, FL 34232 |
X | X | ||
KOSKI THOMAS L 1500 WEST UNIVERSITY PARKWAY SARASOTA, FL 34232 |
X |
/s/ Edward J. Richardson, as attorney-in-fact for Koski Family Limited Partnership, Christine L. Koski, Robert C. Koski, Beverly Koski and Thomas Koski | 07/02/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares and warrants owned directly by Koski Family Limited Partnership. Shares and warrants owned indirectly by Beverly Koski, Christine L. Koski, Robert C. Koski and Thomas L. Koski, each of who is a general partner of the partnership or the controlling person of a corporate general partner of the partnership. |
(2) | Shares and warrants acquired from the issuer in a private placement on June 29, 2009 at which time Christine L. Koski and Robert C. Koski were appointed directors. |
(3) | Issuance of stock option to Christine L. Koski in connection with her appointment to the Board of Directors pursuant to the Amended and Restated 2002 Stock Option and Incentive Plan. The option vests on June 29, 2009 and has an exercise price of $.10 which was the closing price on the date of grant of June 29, 2009. |
(4) | Issuance of stock option to Robert C. Koski in connection with his appointment to the Board of Directors pursuant to the Amended and Restated 2002 Stock Option and Incentive Plan. The option vests on June 29, 2009 and has an exercise price of $.10 which was the closing price on the date of grant of June 29, 2009. |